In anticipation of the issuance of any bonds authorized under the provisions of this chapter, the state bond commission may authorize and issue interim certificates payable to bearer or to the purchaser of the bonds. Such interim certificates may be in such form and may contain such terms, conditions, or provisions and such agreement or agreements relative to their discharge, either through payment or through the delivery of the bonds, as the commission, by resolution or resolutions, determines.
Notwithstanding the foregoing provisions of this section, bonds referred to hereinabove may be issued pursuant to the supplemental powers and authorizations conferred by the provisions of the Registered Bond Act, being Sections 31-21-1 through 31-21-7.
Structure Mississippi Code
Chapter 47 - State Aid for Construction of School Facilities
§ 37-47-1. Administration of chapter
§ 37-47-3. "School district" defined
§ 37-47-5. "Capital improvement" defined
§ 37-47-7. State public school building fund created
§ 37-47-9. Annual grants by state
§ 37-47-11. Order of priority of disposition of funds
§ 37-47-13. Certificates of credit
§ 37-47-15. Approval of use of grants; surveys and plans
§ 37-47-17. Applications for expenditures
§ 37-47-19. Withdrawal of funds from public school building fund upon approval of expenditures
§ 37-47-21. Disposition of funds credited to school district which fails to apply for expenditure
§ 37-47-23. Effect of insufficient funds in public school building fund
§ 37-47-25. Loans for capital improvements
§ 37-47-27. Requirement of contracts for capital improvements
§ 37-47-29. Awarding of contracts for capital improvements
§ 37-47-31. Continuation and functions of state bond commission
§ 37-47-35. Request for issuance of bonds
§ 37-47-37. Prerequisites to issuance of bonds
§ 37-47-39. Full faith and credit of state pledged to pay bonds
§ 37-47-41. Execution of bonds; form, terms and conditions; redemption
§ 37-47-43. Printing of bonds; denominations; interest
§ 37-47-47. Sale of bonds; disposition of proceeds of sale
§ 37-47-49. Interim certificates; supplemental powers conferred in issuance of bonds
§ 37-47-51. Negotiability of bonds and interim certificates
§ 37-47-53. Exemption from taxation of bonds and interim certificates
§ 37-47-55. Duties of state treasurer
§ 37-47-57. Payment of expenses of bond commission
§ 37-47-59. Validation of bond issues
§ 37-47-63. Construction of chapter; contract between bondholders and state
§ 37-47-65. Construction of chapter; power of school districts to raise funds